About Lightning eMotors
Lightning eMotors is a company based in Loveland (United States) founded in 2008 by Tim Reeser.. Lightning eMotors has raised $59.8 million across 15 funding rounds from investors including BP Ventures, Castrol InnoVentures and Factor[e] Ventures. Lightning eMotors operates in a competitive market with competitors including Proterra, Arrival, Hyzon Motors, Nikola Motor and Xos, among others.
- Headquarter Loveland, United States
- Founders Tim Reeser
- Stage Public
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Lightning Emotors, Inc.
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Annual Revenue
$24.41 M16.3as on Dec 31, 2022
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Net Profit
$15.17 M0as on Dec 31, 2022
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EBITDA
$-70.22 M-70.14as on Dec 31, 2022
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Total Equity Funding
$59.8 M (USD)
in 15 rounds
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Latest Funding Round
$41 M (USD), Series C
Dec 04, 2019
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Investors
BP Ventures
& 5 more
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Employee Count
Employee Count
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IPO & Listings of Lightning eMotors
Lightning eMotors is a publicly listed company on the OTC with ticker symbol ZEVY in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
2 people
Leadership Team
1 people
Founder Team
1 people
Electrical Team
1 people
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Funding Insights of Lightning eMotors
Lightning eMotors has successfully raised a total of $59.8M across 15 strategic funding rounds. The most recent funding activity was a Series C round of $41 million completed in December 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 15
- Last Round Series C — $41.0M
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First Round
First Round
(28 May 2010)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Debt – Conventional - Lightning eMotors | Valuation |
investors |
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| Dec, 2019 | Amount | Series C - Lightning eMotors | Valuation | BP Ventures |
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| Jun, 2018 | Amount | Series B - Lightning eMotors | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lightning eMotors
Lightning eMotors has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include BP Ventures, Castrol InnoVentures and Factor[e] Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in energy technology companies are made by BP Ventures.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage tech and energy focused venture capital firm funding companies in the US, Europe and Africa
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lightning eMotors
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lightning eMotors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lightning Emotors Comparisons
Competitors of Lightning eMotors
Lightning eMotors operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Proterra, Arrival, Hyzon Motors, Nikola Motor and Xos, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric buses and charging systems are manufactured for fleets.
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| domain | founded_year | HQ Location |
Multi-category commercial electric vehicles, including buses and vans, are manufactured.
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| domain | founded_year | HQ Location |
Developer of multiple categories of commercial vehicles
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| domain | founded_year | HQ Location |
Developer of electric trucks
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| domain | founded_year | HQ Location |
Manufacturer of electric trucks
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lightning Emotors
Frequently Asked Questions about Lightning eMotors
When was Lightning eMotors founded?
Lightning eMotors was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Where is Lightning eMotors located?
Lightning eMotors is headquartered in Loveland, United States. It is registered at Loveland, Colorado, United States.
Who is the current CEO of Lightning eMotors?
Tim Reeser is the current CEO of Lightning eMotors. They have also founded this company.
Is Lightning eMotors a funded company?
Lightning eMotors is a funded company, having raised a total of $59.8M across 15 funding rounds to date. The company's 1st funding round was a Series B of $2.5M, raised on May 28, 2010.
What is the annual revenue of Lightning eMotors?
Annual revenue of Lightning eMotors is $24.41M as on Dec 31, 2022.
What does Lightning eMotors do?
Lightning eMotors was founded in 2008 in Loveland, United States, focusing on the electric vehicle sector. SaaS-based platforms for managing EV charging stations are offered, including software, hardware devices, and analytics tools. Multi-category electric vehicles, such as medium- and heavy-duty delivery trucks, shuttle buses, and passenger vans, are also developed to support fleet operations.
Who are the top competitors of Lightning eMotors?
Is Lightning eMotors publicly traded?
Yes, Lightning eMotors is publicly traded on OTC under the ticker symbol ZEVY.
Who are Lightning eMotors's investors?
Lightning eMotors has 6 investors. Key investors include BP Ventures, Castrol InnoVentures, Factor[e] Ventures, Aravaipa Ventures, and National Fleet Hybrids.
What is Lightning eMotors's ticker symbol?
The ticker symbol of Lightning eMotors is ZEVY on OTC.
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